Cholamandalam Investment & Finance Chief Manager Salaries by 20+ Employees (Updated 2025)

1 - 13 years exp.

₹6.5 Lakhs - ₹12 Lakhs

Salary of majority employees

Fixed (85%)

₹6.8 Lakhs

Variable (15%)

₹1.2 Lakh

64% less than the average Chief Manager Salary in Financial Services Companies for 1 - 13 years of experience

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Salaries in different departments

Finance & Accounting Chief Manager Salary 2 - 13 years exp. (8 salaries)	₹7.1 L/yr - ₹12 L/yr
Sales & Business Development Chief Manager Salary 6 - 11 years exp. (7 salaries)	₹6.5 L/yr - ₹9.1 L/yr
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Customer Success, Service & Operations Chief Manager Salary 8 - 13 years exp. (3 salaries)	₹6.9 L/yr - ₹10 L/yr
IT & Information Security Chief Manager Salary 5 - 10 years exp. (3 salaries)	₹7.5 L/yr - ₹9.7 L/yr
Risk Management & Compliance Chief Manager Salary 1 - 6 years exp. (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.6 L/yr

Last Updated: 15 Feb 2025

Companies similar to Cholamandalam Investment & Finance for Chief Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Chief Manager Salary 2 - 17 years exp. (3 salaries)	₹8.5 L/yr - ₹30 L/yr 159% more
HDFC Bank Chief Manager Salary 8 - 15 years exp. (13 salaries)	₹8 L/yr - ₹26 L/yr 128% more
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Mahindra Finance Chief Manager Salary 3 - 19 years exp. (39 salaries)	₹15 L/yr - ₹30 L/yr 159% more
Shriram Finance Chief Manager Salary 6 - 24 years exp. (6 salaries)	₹8 L/yr - ₹27 L/yr 136% more
L&T Finance Chief Manager Salary 8 - 18 years exp. (86 salaries)	₹19.8 L/yr - ₹52 L/yr 351% more
Aditya Birla Capital Chief Manager Salary 6 - 18 years exp. (27 salaries)	₹14 L/yr - ₹34.2 L/yr 164% more
Muthoot Finance Chief Manager Salary 12 - 18 years exp. (11 salaries)	₹8.7 L/yr - ₹14.3 L/yr 50% more
Reliance Capital Chief Manager Salary 5 - 13 years exp. (10 salaries)	₹17 L/yr - ₹36 L/yr 190% more
Edelweiss Chief Manager Salary 6 - 16 years exp. (182 salaries)	₹9.8 L/yr - ₹37.9 L/yr 171% more
IDFC FIRST Bharat Chief Manager Salary 10 - 19 years exp. (30 salaries)	₹7.5 L/yr - ₹19.7 L/yr 67% more
Bajaj Finserv Chief Manager Salary 10 - 13 years exp. (5 salaries)	₹14.2 L/yr - ₹28.1 L/yr 210% more
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Aon Chief Manager Salary 12 - 15 years exp. (5 salaries)	₹17.2 L/yr - ₹23 L/yr 149% more
Motilal Oswal Financial Services Chief Manager Salary 9 - 15 years exp. (3 salaries)	₹8.5 L/yr - ₹22 L/yr 96% more
Citicorp Chief Manager Salary 5 - 14 years exp. (3 salaries)	₹7.6 L/yr - ₹22.8 L/yr 88% more

Chief Manager salary at Cholamandalam Investment & Finance ranges between ₹6.5 Lakhs to ₹12 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 28 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Chief Manager salaries

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹6.5 L/yr - ₹14 L/yr
2 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹14.1 L/yr
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3 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹14.2 L/yr
4 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
5 years (3 salaries)	₹3.2 L/yr - ₹9.5 L/yr
6 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹14.4 L/yr
7 years (3 salaries)	₹6.5 L/yr - ₹8.2 L/yr
8 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹12 L/yr
9 years (4 salaries)	₹7.8 L/yr - ₹10.5 L/yr
10 years (4 salaries)	₹7.5 L/yr - ₹10 L/yr
11 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹8.2 L/yr
12 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹9.2 L/yr
13 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹9.5 L/yr

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Similar Designation salaries in Cholamandalam Investment & Finance

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Operations Manager Salary

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₹2.97 L/yr - ₹12.45 L/yr

Area Sales Manager Salary

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Sales Officer Salary

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₹1.2 L/yr - ₹4 L/yr

Salary related reviews for Cholamandalam Investment & Finance

3.6

Rated by 11 employees for salary & benefits

Relationship Manager in Ranchi

Full Time

Finance & Accounting Department

1.0

• posted on 01 Oct 2024

1.0

for Salary and Benefits

Likes

There is literally nothing to like about Cholamandalam Investment & Finance.

Dislikes

...They'll just force you everytime for no reason, company is full of backstabbers. Not even paid my Bonus Amount for this financial year, after mailing me the details with entire amount, they kept the money.

Salary - Bad

+6 more

Area Sales Manager in Patna

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Jul 2023

3.0

for Salary and Benefits

Likes

Not Very Good But Satisfactory Salary Compensation

Dislikes

No holidays, You have to work all 7 days a week but as per HR attendance system they mark your attendance 5 days rest 2 days (Saturday & Sunday) are weekly off. Working hours starts early morning from 6 am and there is no fixed time to return back to home. Apart from these if you are in recovery department and if your targets were getting short then you will be forced by seniors to get it achieved through you salary.like this there are many more things which are wrong in this organisation specially in Bihar & Jharkhand.

Skill development - Bad

+4 more

Branch Sales Manager in Navi Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 09 Jun 2023

1.0

for Salary and Benefits

Likes

...nd no any types Over Targets or work presure.. company managment is very good .. no any issue for monthly salary , incentive or Bonus they are credit on time .

Dislikes

I am working Here last 8 year but comapare to other company salary increment or pramotion is not getting.. thats why many employe leave this job and going other company .. also employe medical Facility is not good ..

Salary - Bad

+6 more

Area Sales Manager in Patna

Full Time

Finance & Accounting Department

2.0

• posted on 06 Sep 2023

4.0

for Salary and Benefits

Likes

Salary and perks

Salary - Good

Dislikes

Working 7 days a week No holiday Self funding for reducing NPA Senior talking in abusing language Down the line they treat as slave and people working here for Pvt Gift volunteer and incentive

Skill development - Bad

+5 more

Branch Sales Manager in Farrukhabad

Full Time

Sales & Business Development Department

3.0

• posted on 05 Jul 2022

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

..., No such parameters were decided for Sales it means everything you have to do . If you assign extra work then you have to communicate on Appointment letter, Also Package was different package seems very good Your incentive part also included in your package. No Social Life after Join that organisation

Salary - Poor

+4 more

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What people are saying about Cholamandalam Investment & Finance

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a senior associate manager

I am 31, started my career as a Credit and operation officer. It's been 3.3 years with CTC of Rs. 2.40 LPA. What should I do?

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Cholamandalam Investment & Finance Chief Manager Salary FAQs

What is the salary of Chief Manager at Cholamandalam Investment & Finance?

Chief Manager salary at Cholamandalam Investment & Finance in India ranges between ₹6.5 Lakhs to ₹12.0 Lakhs for experience between 1 years to 13 years. According to our estimates it is 64% less than the average Chief Manager Salary in India. Salary estimates are based on 28 latest salaries received from various employees of Cholamandalam Investment & Finance India.

How does the salary of a Chief Manager at Cholamandalam Investment & Finance India compare with the average salary range for this job?

The average salary of a Chief Manager at Cholamandalam Investment & Finance is 64% less than the average salary of a Chief Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam Investment & Finance to a Chief Manager in India?

L&T Finance Chief Manager Salary - ₹19.8 Lakhs to ₹52.0 Lakhs per year
Bajaj Finserv Chief Manager Salary - ₹14.2 Lakhs to ₹28.1 Lakhs per year
Reliance Capital Chief Manager Salary - ₹17.0 Lakhs to ₹36.0 Lakhs per year
Edelweiss Chief Manager Salary - ₹9.8 Lakhs to ₹37.9 Lakhs per year
Aditya Birla Capital Chief Manager Salary - ₹14.0 Lakhs to ₹34.2 Lakhs per year

What is the salary of a Chief Manager in companies similar to Cholamandalam Investment & Finance in India?

Bajaj Finance Chief Manager Salary - ₹8.5 Lakhs to ₹30.0 Lakhs per year
Mahindra Finance Chief Manager Salary - ₹15.0 Lakhs to ₹30.0 Lakhs per year
Aon Chief Manager Salary - ₹17.2 Lakhs to ₹23.0 Lakhs per year
Shriram Finance Chief Manager Salary - ₹8.0 Lakhs to ₹27.0 Lakhs per year
HDFC Bank Chief Manager Salary - ₹8.0 Lakhs to ₹26.0 Lakhs per year

What is the estimated take home salary of a Chief Manager at Cholamandalam Investment & Finance in India?

The estimated take-home salary of a Chief Manager at Cholamandalam Investment & Finance ranges between ₹59,308 per month to ₹60,805 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Chief Manager salary in India which ranges between ₹6.5 Lakhs to ₹12.0 Lakhs per year for employees with experience between 1 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Chief Manager at Cholamandalam Investment & Finance?

According to AmbitionBox, 81% of the Cholamandalam Investment & Finance Chief Managers reported a notice period of 3 Months, 9% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 59 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Chief Manager Salaries

Cholamandalam Investment & Finance Chief Manager salary in India ranges between ₹6.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 28 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

Cholamandalam Investment & Finance Chief Manager salaries in India

Companies similar to Cholamandalam Investment & Finance for Chief Manager

Latest annual salaries shared by Cholamandalam Investment & Finance Chief Manager

Experience wise Cholamandalam Investment & Finance Chief Manager salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Salary related reviews for Cholamandalam Investment & Finance

Relationship Manager in Ranchi

Area Sales Manager in Patna

Branch Sales Manager in Navi Mumbai

Area Sales Manager in Patna

Branch Sales Manager in Farrukhabad

Cholamandalam Investment & Finance Chief Manager Salary FAQs

Tell us how to improve this page.

Cholamandalam Investment & Finance Chief Manager Salaries by Location